Review of participation of Nicaragua in the Dominican Republic-Central America-United States Free Trade Agreement

(a) Report required (1) In general Not later than 1 year after the date of the enactment of this Act, and annually thereafter, the Secretary of State, in consultation with the United States Trade Representative, shall submit to the appropriate congressional committees a report on the participation of Nicaragua in CAFTA–DR, which includes— (A) an assessment of the benefits that the Ortega regime receives from the participation of Nicaragua in CAFTA–DR, including profits earned by Nicaraguan State-owned entities; (B) a description of the violations of commitments made by Nicaragua under CAFTA–DR; and (C) an assessment of whether Nicaragua qualifies as a nonmarket economy for the purposes of the Trade Act of 1974 (19 U.S.C. 2101 et seq.). (2) Form The report required by paragraph (1) shall be submitted in unclassified form, but may include a classified annex. (b) CAFTA–DR defined In this section, the term CAFTA–DR means the Dominican Republic-Central America-United States Free Trade Agreement— (1) entered into on August 5, 2004, with the Governments of Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua, and submitted to Congress on June 23, 2005; and (2) approved by Congress under section 101(a)(1) of the Dominican Republic-Central American-United States Free Trade Agreement Implementation Act (19 U.S.C. 4011(a)(1)).